Irish Ferries operator Irish Continental Group (ICG) has announced that it will hold an extraordinary general meeting (EGM) at its offices in Ferryport, Alexandra Road, Dublin 1, on February 12 at 11am.
In a statement published on its website, ICG said, "The business of the EGM will be to consider and, if thought fit, approve certain resolutions relating to the replacement of Crest with a system operated by Euroclear Bank SA/NV for the electronic settlement of trading in the company's ordinary shares (the resolutions). Approval of the resolutions is necessary to ensure the company's shares can continue to be settled electronically when they are traded on Euronext Dublin and the London Stock Exchange and remain eligible for continued admission to trading and listing on those exchanges, which is crucial to the interests of the company and its shareholders as a whole."
COVID-19 And Health And Safety Considerations
ICG continued, "The well-being of shareholders and employees is a primary concern for the directors. We are closely monitoring the COVID-19 situation and will take all recommendations and applicable law into account in the conduct of the EGM. There will likely be very limited ability to attend the EGM in person and the board therefore strongly encourages shareholders to appoint the chairman of the EGM as a proxy by submitting a proxy form not less than 48 hours before the time appointed for the EGM or any adjournment thereof, in order to ensure they can exercise their vote and be represented at the EGM without attending in person."
ICG added, "In the event that it is not possible to hold the EGM either in compliance with public health guidelines or applicable law or where it is otherwise considered that proceeding with the EGM as planned poses an unacceptable health and safety risk, the EGM may be adjourned or postponed or relocated to a different time and/or venue, in which case notification of such adjournment or postponement or relocation will be given in accordance with applicable law."
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